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22-May-2024

P I Industries

OP up 29%


'Consolidated net sales (including other operating income) of P I Industries has increased 11.20% to Rs 1741 crore.  Operating profit margin has jumped from 21.90% to 25.38%, leading to 28.88% rise in operating profit to Rs 441.80 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 53.55% to 46.55%.   Purchase of finished goods cost fell from 2.21% to 2.09%.   Employee cost increased from 8.48% to 9.77%.   Other expenses rose from 14.15% to 17.39%.  

Other income rose 16.97% to Rs 57.9 crore.  PBIDT rose 27.38% to Rs 499.7 crore.  Provision for interest rose 230.30% to Rs 10.9 crore.  Loan funds rose to Rs 190.60 crore as of 31 March 2024 from Rs 46.50 crore as of 31 March 2023.  ...



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